Filing Flows › Walmart (WMT) › Q2 FY27 › vs Q2 FY26
Walmart (WMT) Q2 FY27 vs Q2 FY26 (year over year)
Walmart's revenue rose $10.5B (+6%) from $177.4B in Q2 FY26 to $187.9B in Q2 FY27. Operating margin 5.0% against 4.1% (+0.9 pts).
Walmart, Q2 FY27: revenue $187.9B (+6% year over year), operating margin 5.0%, net earnings $6.5B, operating cash flow $15.0B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 5.0% | 4.1% | +0.9 pts |
| Net margin | 3.5% | 4.0% | -0.6 pts |
| Free cash flow margin | 4.0% | 3.7% | +0.3 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $187.9B | $177.4B | $10.5B | +6% |
| Operating profit | $9.4B | $7.3B | $2.1B | +29% |
| Costs & expenses | $178.6B | $170.1B | $8.4B | +5% |
| Pre-tax earnings | $8.0B | $9.3B | −$1.3B | -14% |
| Other expense, net | $1.4B | −$2.0B | $3.4B | — |
| Cost of revenue | $138.8B | $132.8B | $6.0B | +5% |
| SG&A | $39.8B | $37.3B | $2.4B | +6% |
| Net earnings | $6.5B | $7.2B | −$622M | -9% |
| Income tax | $1.5B | $2.2B | −$685M | -32% |
| Depreciation & amortization | $3.9B | $3.5B | $438M | +13% |
| Working capital & other | $4.5B | $2.3B | $2.2B | +96% |
| Operating cash flow | $15.0B | $12.9B | $2.0B | +16% |
| Free cash flow (OCF − capex) | $7.5B | $6.5B | $957M | +15% |
| Capital expenditures | $7.5B | $6.4B | $1.1B | +17% |
Questions
How much did Walmart's revenue grow year over year in Q2 FY27?
Walmart's revenue rose $10.5B (+6%) from $177.4B in Q2 FY26 to $187.9B in Q2 FY27. Operating margin 5.0% against 4.1% (+0.9 pts).